Lottery and Casino Winners Quote Sheet
Inheritance, Trust & Probate
If you are an heir to an estate which is currently in probate, you are having to wait for your money. You know that it can take months, or even years, before your money will be disbursed. For many people who need access to their funds now, waiting for a closing can be a real. You may be able to sell a portion of your inheritance in exchange for cash now.
National Note Buyers has access to funders that invest in estate and trust inheritances. This is your opportunity to gain immediate access to cash that you have locked-up in probate. This is not a loan. You pay no points interest or monthly payments. The process is simple and straight forward. A portion of your inheritances is purchased for a lump sum of cash thereby providing you with immediate access to your money to use in whatever way you choose. When probate finally closes, the funder receives the agreed upon amount and you receive the balance.
- Trust Funds Have Unfavorable Tax Rates Compared to Other Ways of Holding Property
- Congress routinely updates the tax brackets to adjust for the inflation rate.
How to you avoid this situation? One way is to only give money to children who have been successful on their own. A 35-year old son who grows up and is earning $300,000 per year running a chain of restaurants he founded is not going to be spoiled by a few hundred thousand, or even million, dollars. Yet, an 18-year old just leaving home probably would. Consider waiting to see how far the apple fell from the tree before making major gifts to your offspring. Some people can handle it, some can’t.
Your job is to help your children develop into self-sufficient, happy, healthy adults. It is not necessarily to give them money. Sometimes it helps, sometimes it hurts. Wisdom is knowing which applies in a specific situation.
- Assets Transferred to a Trust Are No Longer Yours
This is a double-edged sword. When you transfer assets to a trust fund, you can’t treat those assets as if they belong to you, any longer.
On the other hand, it is this very fact that makes trust funds an ideal mechanism for protecting assets from creditors. As long as you don’t engage in a so-called fraudulent transfer, which means specifically moving money into a trust in anticipation of a potential adverse legal claim, in which case a judge might reverse the transaction, money gifted to a trust can often be beyond the reach of creditors.
You could take advantage of this. If you have a parent that plans on leaving you money, ask that the cash be put into a trust fund that you can’t access with specific annual dividend distributions. .
Have you already won your settlement, but you like or need to collect now instead of those small periodic payments!
You have come to the right place. We can help you collect all your periodic payments in one lump sum of CASH.
Several times in the judicial process of litigation claim, parties agree to a structured settlement which pays them an annuity. That type of settlement may have seemed very satisfactory at the time, your desires and financial needs have a way of changing. Suddenly you need or wish you had immediate access to your funds, because of a medical emergency, kids going to college, a divorce, or an estate settlement or just a good business or investment opportunity.
In the past it was almost impossible to get an advance on your funds, but now we can provide people immediate access to the present value of their award.
The funds can be tailored to fit your needs. No need to sell the entire settlement. The entire settlement or just a portion of it can be sold to meet your needs.
Hip Hip Hoorah, you’ve won the lottery!
Bet that big jackpot doesn’t look so big when you find out it takes you 20+ years to get it. Waiting on annual payments can make it very difficult to invest your money wisely. And, with the high cost of living and some state income taxes increasing every year, your money is quickly losing it’s future value. For many people, the best financial choice is to cash in their lottery or casino winnings now.
Hundreds of lottery, casino and contest winners nationwide have used these services to meet investment and future financial goals, by converting all or part of their winnings into a lump sum cash payment. This way you can have your money now, to do with as you please.